NGL Fine-Chem (NSE:NGLFINE) Cyclically Adjusted PB Ratio: (As of Aug. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:NGLFINE NGL Fine-Chem Ltd NSE:NGLFINE
79 GF Score
Price ₹3,033.30
GF Value ₹3,013.26
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is NGL Fine-Chem Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NGL Fine-Chem  (NSE:NGLFINE) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


NGL Fine-Chem Cyclically Adjusted PB Ratio Related Terms


NGL Fine-Chem Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NGL Fine-Chem's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NGL Fine-Chem Cyclically Adjusted PB Ratio Chart

NGL Fine-Chem Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.24 6.62 9.38 4.17 6.50

NGL Fine-Chem Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 4.82 0.00 6.50 0.00

NSE:NGLFINE vs LLY, JNJ, ABBV: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - General subindustry, NGL Fine-Chem's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NGL Fine-Chem Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, NGL Fine-Chem's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NGL Fine-Chem's Cyclically Adjusted PB Ratio falls into.


NSE:NGLFINE
79GF Score
NGL Fine-Chem Ltd NSE:NGLFINE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NGL Fine-Chem Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

NGL Fine-Chem's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, NGL Fine-Chem's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

NGL Fine-Chem Quarterly Data

Book Value per Share CPI Adj_Book
201609 82.646 105.961 130.533
201612 0.000 105.196 0.000
201703 96.164 105.196 152.988
201706 0.000 107.109 0.000
201709 103.282 109.021 158.547
201712 0.000 109.404 0.000
201803 116.610 109.786 177.759
201806 0.000 111.317 0.000
201809 131.786 115.142 191.549
201812 0.000 115.142 0.000
201903 149.115 118.202 211.126
201906 0.000 120.880 0.000
201909 156.025 123.175 211.990
201912 0.000 126.235 0.000
202003 160.183 124.705 214.970
202006 0.000 127.000 0.000
202009 198.867 130.118 255.782
202012 0.000 130.889 0.000
202103 250.012 131.771 317.532
202106 0.000 134.084 0.000
202109 301.451 135.847 371.374
202112 0.000 138.161 0.000
202203 328.938 138.822 396.553
202206 0.000 142.347 0.000
202209 334.812 144.661 387.341
202212 0.000 145.763 0.000
202303 360.229 146.865 410.493
202306 0.000 150.280 0.000
202309 391.088 151.492 432.045
202312 0.000 152.924 0.000
202403 425.108 153.035 464.895
202406 0.000 155.789 0.000
202409 453.698 157.882 480.926
202412 0.000 158.323 0.000
202503 457.162 157.552 485.615
202506 0.000 159.755 0.000
202509 485.923 162.289 501.098
202512 0.000 163.281 0.000
202603 532.920 164.272 542.928
202606 0.000 167.357 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is NGL Fine-Chem (NSE:NGLFINE) Overvalued in 2026?

Based on GuruFocus' analysis, NGL Fine-Chem stock appears to be overvalued. The current stock price of ₹3,033.30 is trading 0.7% above its estimated GF Value™ of ₹3,013.26. GuruFocus considers NGL Fine-Chem to be Fairly Valued.

Key valuation signals for NSE:NGLFINE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹3,013.26 vs. price of ₹3,033.30 (0.7% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the NSE:NGLFINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NGL Fine-Chem Business Description

Other Exchanges 524774:India
Address 301, E Square, Subhash Road, Vile Parle (East), Mumbai, MH, IND, 400057
NGL Fine-Chem Ltd is an Indian company engaged in the pharmaceutical business. It is a manufacturer of pharmaceuticals and intermediates for use in veterinary and human health, catering to various companies to custom-manufacture pharmaceuticals. The company's product portfolio comprises animal health APIs such as homidium chloride, nitroxynil, clorsulon, decoquinate, fenbendazole, etc.; human health APIs such as nitazoxanide and atovaquone; drug intermediates and specialty chemicals; and finished dosage forms such as diminazene aceturate granules and homidium chloride tablets. Geographically, the group generates maximum revenue from the Asia-Pacific region, and the rest from India, Europe, the USA, and the rest of the world.
79GF Score

Get the complete analysis for NSE:NGLFINE

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3,033.30
Price
₹3,013.26
GF Value